Market News

Milk futures, cash dairy trade mixed

Milk futures on the Chicago Mercantile Exchange started the week mostly lower as cash markets were mixed.

October Class III milk down two cents at $17.92. November 12 cents lower at $19.16. December up four cents at $18.80. January a penny lower at $18.15. February through April contracts unchanged to three cents higher.

Dry whey unchanged at $0.6025.

Blocks down $0.03 at $1.75.

Barrels down $0.0125 at $1.7775. Two trades were made at $1.75 and $1.7650.

Butter up $0.0250 at $1.7750. Eight trades were made from $1.79 to $1.8175.

Nonfat dry milk up $0.0075 at $1.54. Three trades were made from $1.53 to $1.54.

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